10/14/2019

Banks step up private lending as T-bonds fall

The Government has over the last few months issued long-term debt, mainly 15-year bonds as part of its bid to lengthen the maturity profile of public debt and thus make it more manageable.

10/14/2019

Treasury reveals talks on Sh422bn foreign loan deals

The Treasury used the debt deals to convince MPs on the need to change the law and increase the cap for State borrowing to Sh9 trillion, offering it a leeway to jerk up the mounting public debt.

10/11/2019

Rich People and Wealth in Africa

Three of the six cities are in South Africa, which, notwithstanding the smaller island nations, is the continent’s most developed, with a highly diversified economy increasingly based on knowledge.

10/11/2019

Low fees, payouts starve Uganda pensions industry

UAP-Old Mutual Financial Services recorded total assets valued at Ush57.3 billion ($15.5 million) and ICEA Asset Management registered total assets worth Ush43.3 billion ($11.7 million) at the end of June 2019.

10/10/2019

GIPF assure members pension benefits are safe

The pension fund granted loans worth N$660 million from 1994 to 2002, with the hope of making a return of N$950 million, including interest, to politically connected Namibian start-up businesses.

10/10/2019

Zimbabwe gears for hyperinflation reporting

Once pronounced, local listed companies will then adopt a hyperinflation standard, IAS 29 of International Financial Reporting Standards (IFRS) which provides guidelines for entities whose functional currency is the currency of a hyperinflationary economy

10/09/2019

SA billionaires eyeing the Blue Bulls

The deal will see Remgro reducing its share to 37.45% and Motsepe taking up 37.45%, giving the two businessmen a controlling stake in the Pretoria-based side, the newspaper reported, without saying where it got the information.